One Advantage of the Management-By-Exception Approach Is That It _____

question 106

Multiple Choice

One advantage of the management-by-exception approach is that it _____.

• A)frees managers from needless concern over operations that are running smoothly
• B)allows managers to ignore aspects of the business outside their area of expertise
• C)allows managers to ignore day-to-day concerns so they can focus on crises
• D)takes advantage of computerization

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Definitions:

Investment

A placement of capital in expectation of deriving income or profit.

Return on Investment

A measure used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.

Deferred Tax Liability

A tax obligation owed by an entity in the future due to temporary differences between the book value of assets and liabilities and their tax value.

Income Tax Expense

The expense reported on the income statement that represents the amount of income tax a company owes to governmental authorities.